Birdwatch Note Rating
2023-05-07 09:06:55 UTC - NOT_HELPFUL
Rated by Participant: 43582626FE4C9048A9581FCF839A0B514962700FAD40B6690F105D3ADFBFFB7A
Participant Details
Original Note:
Those who spend less than they make pay their bills. Those that spend more than they make accumulate debt which, if left unchecked, can lead to defaulting on loans and legal action from creditors. Good financial principles suggest a country should align with the 1st group https://www.cato.org/blog/debt-limit-high-costs-debt#:~:text=High%20and%20rising%20debt%20slows,bonds%20and%20the%20U.S.%20dollar. https://www.cbo.gov/publication/59119
All Note Details